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Employment situation for college graduates remain stable

It is learned from the employment situation analysis meeting that this year the employment situation for college graduates remain stable in general. By June 15, 32257 among the 42087 graduates from universities or colleges in Ningbo this year had signed working contracts, achieving a signing rate of 76.17%.

According to the statistics from Ningbo Employment management and Service Bureau, this year, four index witness increases: total number of graduates, number of graduates from outside the province, number of graduates from other places in Zhejiang Province and number and ratio of employed graduates in SMEs. Statistics show that by the end of May, the total number of graduates seeking jobs in Ningbo had reached 26052, an increase of 384 people over the same period of last year. Among others, 7227 graduates are from outside the province, up by 13.4% year on year, and 5684 graduates are from other cities in Zhejiang Province, up by 2.12%. In terms of the target positions, 22667 graduates signed contract with non-state-owned enterprises, accounting for 87.2% of all the graduates. While number of the graduates of Ningbo origin coming back to Ningbo decreased, down by 4.64% over the same period of last year.

From the perspective of college types, by June 15, the average signing rate for higher vocational colleges had reached 83.81%, higher than that of the undergraduate course colleges (71.33%). Of all the eight inspected vocational colleges, five boast a high signing rate of over 90%. While the average signing rate of the undergraduate course colleges remain the same as in last year. Differences also occur for graduates from different majors. The top ten majors for better employment include international economy & trade, English, machinery manufacturing, electronic information engineering, logistics administration, computer science and technology, Japanese, marketing, electric engineering & automation, and finance & accounting.

"This is mainly because of the demand for professionals in different fields due to the industrial structure of Ningbo." said Qian Yilin, Director of Ningbo Employment Management and Service Bureau. Despite the stable employment situation, there remain many problems. Based on the market-oriented employment situation, Ningbo will actively encourage graduates to seek jobs in enterprises and even start their own businesses. It is hoped that through great efforts the city can increase both the employment rate and entrepreneurship proportion.

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